Croft Corporation produces a single product. Last year, the company had a net operating income of $160,000 using absorption costing and $149,000 using variable costing. The fixed manufacturing overhead cost was $10 per unit. There were no beginning inventories. If 43,000 units were produced last year, then sales last year were: Multiple Choice
32,000 units
40,000 units
41,900 units
4,000 units
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Croft Corporation produces a single product. Last year, the company had a net operating income of $1...
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